Seller's Agent in 2022
Mary Premtaj
Compass New Jersey, LLC-Ridgewood
(201) 410-8022
70 in this area
156 Total Sales
322 Crescent Dr Franklin Lakes, NJ 07417
Estimated Value: $5,484,791
5
Beds
7.5
Baths
--
Sq Ft
3.7
Acres
Highlights
- Heated In Ground Pool
- 161,172 Sq Ft lot
- En-Suite Primary Bedroom
- Colonial Road School Rated A-
- Multiple Fireplaces
- Central Air
About This Home
As of June 2022Chic, understated, timeless and welcoming. This 3.7 acre oasis is in one of Franklin Lakes most private yet convenient locations. A sweeping driveway introduces the Hampton style beauty offering over 10,600 sf on 3 levels. Heart-skipping, jaw-dropping property keeps on giving w/rolling lawns, ever changing gardens, private pond and salt water beach entry heated gunite pool. Entertain easily w/ your fav music or football game on the outdoor TV by the fpl! Friends gather by outdoor kit, pizza oven, and solar powered cabana w/ another kitchen, full bath, laundry and AC. New Bose speakers surround the pool to heighten the experience. The shingle and hand chiseled granite exterior compliment the exceptional build and design found inside. Salerno kit, hi-design GR,3 fpls, rustic fam rm, 1st fl guest rm. BRAND NEW LL w/EPIC media rm and wet bar,gym, guest area, bth and more. Smart home system for whole house control, 5G WiFi, radiant heat, whole house generator. A true Must-See!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $38,829
Year Built
- 2013
Lot Details
- 3.7 Acre Lot
- Rectangular Lot
Parking
- 3 Car Garage
Interior Spaces
- Multiple Fireplaces
- Finished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
Pool
- Heated In Ground Pool
- Gunite Pool
- Outdoor Pool
Schools
- Colonial Road Elementary School
- Franklin Ave Middle School
- Ramapo/Indian Hills High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Radiant Heating System
Listing and Financial Details
- Legal Lot and Block 00031 / 01207
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 13, 2022
Closed on
Jun 23, 2022
Sold by
Mcdonald William T
Bought by
Cox Lainie M
Seller's Agent
Mary Premtaj
Compass New Jersey, LLC-Ridgewood
Buyer's Agent
Laurie DiFrancesco
Howard Hanna Rand Realty, Suffern
List Price
$4,750,000
Sold Price
$6,000,000
Premium/Discount to List
$1,250,000
26.32%
Total Days on Market
14
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$515,209
Avg. Annual Appreciation
-3.11%
Purchase Details
Listed on
Oct 21, 2019
Closed on
May 8, 2020
Sold by
Schmit Mark and Schmit Denise
Bought by
Mcdonald William T and Octok Trust
Seller's Agent
GRAZYNA ZIARKO
CHRISTIE'S INT. REAL ESTATE GROUP
Buyer's Agent
LAURA JEFFAS
PROMINENT PROPERTIES SIR
List Price
$4,045,000
Sold Price
$3,500,000
Premium/Discount to List
-$545,000
-13.47%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.26%
Original Mortgage
$2,800,000
Interest Rate
2.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 1, 2013
Sold by
Schmit Mark and Schmit Denise
Bought by
Schmit Mark and Schmit Denise
Purchase Details
Closed on
Oct 21, 2010
Sold by
Friedman Jane and Vennard Thomas J
Bought by
Schmit Mark and Schmit Denise
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cox Lainie M | $6,000,000 | American Land Title | |
| Mcdonald William T | $3,500,000 | Fidelity National Ttl Ins Co | |
| Schmit Mark | -- | -- | |
| Schmit Mark | $850,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cox Lainie M | $2,340,000 | |
| Previous Owner | Mcdonald William T | $2,800,000 | |
| Previous Owner | Mcdonald William T | $2,800,000 | |
| Previous Owner | Schmit Mark | $1,500,000 | |
| Previous Owner | Schmit Mark | $358,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/27/2022 06/27/22 | Sold | $6,000,000 | +26.3% | -- |
| 05/27/2022 05/27/22 | Pending | -- | -- | -- |
| 05/13/2022 05/13/22 | For Sale | $4,750,000 | +35.7% | -- |
| 05/22/2020 05/22/20 | Sold | $3,500,000 | -13.5% | -- |
| 05/06/2020 05/06/20 | Pending | -- | -- | -- |
| 10/21/2019 10/21/19 | For Sale | $4,045,000 | -- | -- |
Source: New Jersey MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $41,193 | $2,381,100 | $667,000 | $1,714,100 |
| 2023 | $40,145 | $2,381,100 | $667,000 | $1,714,100 |
| 2022 | $39,390 | $2,336,300 | $667,000 | $1,669,300 |
| 2021 | $38,829 | $2,336,300 | $667,000 | $1,669,300 |
| 2020 | $38,502 | $2,336,300 | $667,000 | $1,669,300 |
| 2019 | $38,362 | $2,336,300 | $667,000 | $1,669,300 |
| 2018 | $37,965 | $2,336,300 | $667,000 | $1,669,300 |
| 2017 | $38,222 | $2,336,300 | $667,000 | $1,669,300 |
| 2016 | $38,339 | $2,336,300 | $667,000 | $1,669,300 |
| 2015 | $37,357 | $2,336,300 | $667,000 | $1,669,300 |
| 2014 | $36,727 | $667,000 | $667,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mary Premtaj
-
Laurie DiFrancesco
Buyer's Agent in 2022
Laurie DiFrancesco
Howard Hanna Rand Realty, Suffern
(845) 548-5880
1 in this area
82 Total Sales
-
G
Seller's Agent in 2020
GRAZYNA ZIARKO
CHRISTIE'S INT. REAL ESTATE GROUP
-
L
Buyer's Agent in 2020
LAURA JEFFAS
PROMINENT PROPERTIES SIR
Map
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Source: New Jersey MLS
MLS Number: 22017139
APN: 20-01207-0000-00031
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
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